Gaura Nitai Foundation

Analysis

Gaura Nitai Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gaura Nitai Foundation reported income of $431k and spending of $399k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $982k to $431k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gaura Nitai Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Plan-B Theater Company ($431k), Academy of Performing Arts Incorporated ($431k) and Rappahannock Art League Inc Doug Mock Executive Director ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $667k against liabilities of $0, net assets of $667k.